Here are a few ways you could respond: 1> You're welcome: Simple and straightforward. 2> I'm glad you like it: Shows that you're happy they appreciated the gift. 3> It was my pleasure: Conveys that you enjoyed giving the gift and making them happy. 4> You deserve it: Indicates that you feel they deserve the gift.
Be Direct but Polite: You can express your desire for a gift in a straightforward manner while maintaining politeness. For example, ``I've been thinking about (specific item) and would love it for (occasion).'' Use Context: If there's a specific occasion, like a birthday or holiday, you can mention that.
They're short, sweet wishes that let them know you care! You're the best. So grateful for you. Yay for you! You're a really great human. You deserve all the nice things. Spend it on something you love! Just a little something from me to you. Get whatever you want!
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Making a gift or leaving your estate to your heirs does not ordinarily affect your federal income tax. You cannot deduct the value of gifts you make (other than gifts that are deductible charitable contributions).
Even if you make gifts to another family member who is not your spouse, a friend, or a business associate, they are not taxable under federal guidelines, until their cumulative value exceeds $15,000 (for 2021).